A good friend from my Summation days put Insight Optix CEO Mandi Ross in touch with me to explore her new cloud matter scoping platform, Evidence Optix (EO). At first I struggled with whether matter scoping and cost estimation was a broad enough pain point to interest my corporate clients. Most of my legal ops engagements include matter budgets and tools for inside counsel [...]
I spotted my friend Tony LaMacchia's picture in my morning media feeds and made a note to circle back to read the interview by Jeff Kruse and Cash Butler. Normally I would just pull a couple good excerpts in an eDJ News commentary. I had such a hard time remembering which of many feeds I had seen Tony’s smiling face in that it took [...]
These kinds of parallel acquisitions generally happen right after a round of funding. To provide some context, Exterro was founded in 2004 and took $100M round of funding in 2018. Zoominfo has them at $36M in revenue with 170 employees (grain of salt). Founded in 1987, AccessData was one of the first forensic tools I used during my CSI years. Owler has AD’s at [...]
Several headlines and familiar names caught my eye as I skimmed my weekend feed. The founder of Vista Equity Partners (Robert F. Smith) announced a $140M settlement with the DOJ and the IRS while his long term Texas business partner Robert T. Brockman was charged with evading $2 billion in taxes, the ‘largest-ever’ tax fraud case to date. Vista’s co-founder Brian Sheth is said [...]
This blog relies on two of Logikcull’s surveys, 2020 Corporate In-Housing Survey (behind the contact wall) and a curiously untitled joint survey with LegalBillReview.com. As you might expect from the snippets, their message is that in-house legal teams are focused on reducing spend and can do so with their services. While I agree with the overall idea that reducing data reduces review spend, I [...]
KLDiscovery Inc.’s announcement of a roughly 18% drop in revenue for Q2 2020 is actually less than I expected. They also managed to cut operating expenses by 15.8% (which translates to a loss of people and office space). There are few publicly owned eDiscovery corporations. The majority privately owned companies tend to conceal their financial health unless they are actively soliciting a round of [...]
Far too many of the marketing emails that wind up in my feeds or Inboxes do not convey the ‘simple’ functionality of the product or service. It is frustrating to have to go to a web site to figure out that SimpleLegal is a cloud based legal billing management platform. eBilling is a reality for corporations with any real litigation profile. Since Mitratech seems [...]
As I listened to an interview with Mary Trump about how she turned over financial documents to the New York Times it got me thinking about all the incredibly sensitive information just parked at firms world wide for inactive/settled matters. Fred Trump’s contested will was settled in 2001. Those 19 boxes of documents sat at her law firm for roughly 17 YEARS before she [...]
The headline got me excited that this new MSFT O365 package might enable my clients to better monitor policy and data management compliance. The reality seems pretty weak. Agentless monitoring of desktop and MS Edge actions such as downloads, forwards to banned domains, etc. We have been able to see those in logs for years and to create custom log based alerts. The new [...]
Excel tool for corporate legal departments considering adding an on-premise or cloud based eDiscovery platform that covers legal holds through review and production. This tool is derived from the eDiscovery Matrix and is a fairly narrowly focused version of broader RFP tools used for eDJ Group clients over the last decade. eDiscovery Journal members are welcome to use and modify this tool with attribution [...]